2022-07-13

PepsiCo updates full-year outlook after moderate Q2 results

PepsiCo Beverages North America division’s net revenue decreased by 1%.

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How can the US increase beverage can recycling? Less than half of beverage cans in the US are currently recycled: but US can manufacturers want to see 80% recycled by 2040 and 90% by 2050. So how can these goals be reached?

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Acquisition of Majority Stake in Refresco by KKR Completed Hans Roelofs, CEO, Refresco: “I am excited to start the next chapter in the development of our company, with KKR as our new majority owner. We will continue to execute our strategy, focused on growing alongside our customers and expanding into new categories and geographies. We look forward to leveraging KKR’s capabilities, operational expertise and commitment to sustainability to further strengthen our position and achieve our vision of ‘Our Drinks On Every Table’.”